Why SpaceX may not be a model for Chinese companies to copy
A Chinese economist suggests that China should not directly emulate SpaceX's market-driven efficiency model for its own space industry. Instead, China's approach focuses on leveraging national will to build extensive satellite infrastructure and address market failures, prioritizing scale and systematic development. This strategy aims to create a foundation for future advancements in areas like smart cities and the low-altitude economy, differing from SpaceX's cost-reduction and innovation-focused path. AI